THE longest recession in a century; the biggest bribery scandal in history; the most unpopular leader in living memory. These are not the sort of records Brazil was hoping to set in 2016, the year in which Rio de Janeiro hosts South America’s first-ever Olympic games.

Source: www.economist.com

Brazil’s economy has gone through a rougher stretch than most in the recent global economic downturn and some see more hard times in the near future for the South American giant.  BRIC countries aren’t immune to economic crisis. 

 

Tags: economic, BrazilSouth America.

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